TuanChe Stock Performance

TC -  USA Stock  

USD 2.28  0.03  1.33%

The entity has a beta of 0.3589, which indicates possible diversification benefits within a given portfolio. Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, TuanChe returns are expected to increase less than the market. However, during the bear market, the loss on holding TuanChe will be expected to be smaller as well. Although it is extremely important to respect TuanChe Limited current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting TuanChe Limited technical indicators, you can presently evaluate if the expected return of 0.0475% will be sustainable into the future. TuanChe Limited right now has a risk of 7.24%. Please validate TuanChe variance, as well as the relationship between the value at risk and skewness to decide if TuanChe will be following its existing price patterns.
  
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TuanChe Performance
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Over the last 90 days TuanChe Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental indicators, TuanChe is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

TuanChe Price Channel

Quick Ratio0.73
Fifty Two Week Low1.7000
Fifty Two Week High4.4900

TuanChe Relative Risk vs. Return Landscape

If you would invest  548.00  in TuanChe Limited on February 27, 2022 and sell it today you would lose (320.00)  from holding TuanChe Limited or give up 58.39% of portfolio value over 90 days. TuanChe Limited is generating 0.0475% of daily returns and assumes 7.2433% volatility on return distribution over the 90 days horizon. Put differently, 62% of stocks are less risky than TuanChe on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 90-day total investment horizon TuanChe is expected to generate 7.01 times more return on investment than the market. However, the company is 7.01 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

TuanChe Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for TuanChe's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TuanChe Limited, and traders can use it to determine the average amount a TuanChe's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0066

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Estimated Market Risk
 7.24
  actual daily
 
 62 %
of total potential
 
6262
Expected Return
 0.05
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 0 %
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 0.01
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Based on monthly moving average TuanChe is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TuanChe by adding it to a well-diversified portfolio.

About TuanChe Performance

To evaluate TuanChe Limited Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when TuanChe generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare TuanChe Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand TuanChe Limited stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents TuanChe's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China. The company was founded in 2010 and is headquartered in Beijing, China. TuanChe is traded on NASDAQ Exchange in the United States.

Things to note about TuanChe Limited

Checking the ongoing alerts about TuanChe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TuanChe Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

TuanChe Alerts

Equity Alerts and Improvement Suggestions

TuanChe Limited has very high historical volatility over the last 90 days
The company generated the yearly revenue of 357.55 M. Annual Net Loss to common stockholders was (101.94 M) with gross profit of 272.26 M.
TuanChe Limited reports about 63.46 M in cash with (88.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 35.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.defenseworld.net: Short Interest in Perella Weinberg Partners Declines By 17.1 percent - Defense World
Additionally, take a look at World Market Map. Note that the TuanChe Limited information on this page should be used as a complementary analysis to other TuanChe's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running TuanChe Limited price analysis, check to measure TuanChe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TuanChe is operating at the current time. Most of TuanChe's value examination focuses on studying past and present price action to predict the probability of TuanChe's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TuanChe's price. Additionally, you may evaluate how the addition of TuanChe to your portfolios can decrease your overall portfolio volatility.
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Is TuanChe's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TuanChe. If investors know TuanChe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TuanChe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TuanChe Limited is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe's value that differs from its market value or its book value, called intrinsic value, which is TuanChe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TuanChe's market value can be influenced by many factors that don't directly affect TuanChe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TuanChe's value and its price as these two are different measures arrived at by different means. Investors typically determine TuanChe value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.